🇯🇲Platinum Rate in New Kingston Today
The platinum rate in New Kingston today is JMD 278,824 per troy ounce for 24K, based on an international spot price of $1,887.00 per troy ounce. That is up JMD 8,319 from the previous close. This is the international spot price converted into JMD for New Kingston. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Jamaica's larger markets, with a population of around 583,958.
Platinum rate in New Kingston — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | JMD 8,964 | JMD 8,217 | JMD 7,844 | JMD 6,723 | JMD 5,229 |
| 1 Troy Ounce (31.1035 g) | JMD 278,824 | JMD 255,588 | JMD 243,971 | JMD 209,118 | JMD 162,647 |
| 1 Kilogram (1,000 g) | JMD 8,964,390 | JMD 8,217,357 | JMD 7,843,841 | JMD 6,723,292 | JMD 5,229,227 |
All figures in JMD (Dollar). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Last 10 days · 24K per troy ounce in New Kingston
Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current JMD exchange rate.
| Date | 24K / troy ounce | Change | % |
|---|---|---|---|
| Fri, 21 Aug 2026 | JMD 278,868 | +JMD 8,319 | 3.07% |
| Thu, 20 Aug 2026 | JMD 270,549 | +JMD 4,196 | 1.58% |
| Wed, 19 Aug 2026 | JMD 266,353 | +JMD 11,259 | 4.41% |
| Tue, 18 Aug 2026 | JMD 255,093 | -JMD 8,142 | -3.09% |
| Mon, 17 Aug 2026 | JMD 263,235 | +JMD 4,654 | 1.80% |
| Fri, 14 Aug 2026 | JMD 258,581 | +JMD 3,664 | 1.44% |
| Thu, 13 Aug 2026 | JMD 254,916 | -JMD 5,305 | -2.04% |
| Wed, 12 Aug 2026 | JMD 260,221 | +JMD 2,261 | 0.88% |
| Tue, 11 Aug 2026 | JMD 257,960 | +JMD 192.08 | 0.07% |
| Mon, 10 Aug 2026 | JMD 257,768 | — | — |
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Platinum rate in New Kingston — questions
What is the platinum rate in New Kingston today?
The platinum rate in New Kingston today is JMD 278,824 per troy ounce for 24K, and JMD 278,824 per troy ounce for 24K. These are live figures converted from international spot at the current JMD exchange rate.
What is the price of 1 gram of gold in New Kingston?
One gram of 24K platinum costs JMD 8,964 in New Kingston, and 22K costs JMD 8,217 per gram. 18K works out at JMD 6,723.
Why is 22K cheaper than 24K in New Kingston?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is JMD 747.03 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in New Kingston different from other cities?
The underlying metal price is identical everywhere in Jamaica — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 2 minutes ago. Exchange rates refresh alongside it.